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I hate to say it but using conservative lenders first is a bit of a flawed strategy, especially if you fix (and potentially still costly even if you don't fix). As you've identified, if you want or need to top up, they can't help you and you'd be forced to refinance. Even when you're not...

Take a look at your savings habits over the last couple of years. How much have you realistically put away, based on what you have done? If you only recently bought the property (ie your financial circumstances changed), try to factor in how this affected your budget. This is a good starting...

Why don't you just split the loan? Part fixed, part variable with an offset account.

Technically you can get a second mortgage with another lender. Practically if you don't qualify for the increase with the first lender, they may block the second mortgage. You don't want to put yourself in a position to need a second mortgage to access equity.

That's not how it works. The CBA has been able to buy some money at a (very) cheap price, they're passing it onto the consumers after applying their margin. The CBA isn't making a prediction, when you fix a loan they lock in their profit regardless of what happens. Fixed rates may be an...

It's pretty amazing and it'll be interesting to see what the other banks do. I've got a property with CBA that I have no plans for in the foreseeable future and I'm considering fixing it. That said, 5 years is a long time to loose some flexibility regardless of how good the rates are.